How to Buy a Property?
Here is the simplified buying process for your first property
Financial Assessment
Analysis of your financial situation and the support available for first-time buyers.
Obtaining a Pre-Approval
Obtaining a pre-approval to clarify your budget.
Property Search
Guidance from a real estate broker in finding your future home.
Purchase Offer and Negotiation
Advice on drafting an offer and negotiating the best terms.
Finalizing the Financing
Securing the financing to complete your purchase.
Signing with the Notary
Appointment with the notary for the official signing.
Solutions for Everything
Special Programs for First-Time Buyers
Discover advantageous financing solutions to help you access your first property.
The HBP allows you to use your RRSPs to fund your down payment.
- Maximum withdrawal of $35,000 per person ($70,000 for a couple)
- Repayment over 15 years
- No taxes to pay on the withdrawn amounts
New savings program offering benefits for first-time buyers
- Tax-deductible contributions
- Tax-free growth
- Non-taxable withdrawals for the purchase of a first home
- Lifetime limit of $40,000
- Simulate your savings with the FHSA
First-Time Home Buyer Incentive
- Interest-free loan from the federal government
- CMHC Mortgage Loan Insurance Program : Makes homeownership more accessible with a reduced down payment
- Municipal programs : Some cities offer grants for first-time buyers
First-Time Buyers
Important Considerations
Down Payment
We will help you determine the optimal amount and explore all available options for first-time buyers.
Startup Costs
Don’t forget to budget for initial costs: inspection, appraisal, notary, moving, etc.
Estimate your mortgage payments.
Estimate your mortgage payments.
Amortization
Choose the term that best suits your financial situation, typically between 25 and 30 years for first-time buyers.
Mortgage Broker
Why Use a Mortgage Broker for Your First Purchase?
Specialized Expertise
We are familiar with all the programs and nuances related to first-time home buying.
Stress Management
We simplify the process for you, reducing the anxiety associated with this big step.
Best Terms
Our negotiating power ensures you get competitive rates.
Time Savings
We handle all the research and negotiations for you.
Frequently Asked Questions
Generally 5% for properties of $500,000 or less. Use our mortgage calculator to estimate your options.
Yes, these two programs can be used together to maximize your down payment.
Generally, not having owned a property in recent years. Specific criteria may vary depending on the program.
Contact us for a personalized assessment of your situation and the programs for which you might be eligible.
This varies, but generally plan for 2 to 6 months from the start of your search to signing at the notary’s office.